Discover an incredible investment opportunity in the heart of Santurce! Located on Americo Salas Street, this three-story fixer-upper with 12 residential units is brimming with potential. Positioned in one of San Juan’s most vibrant districts, it’s surrounded by the energetic Santurce lifestyle—trendy cafes, art galleries, nightlife, and hospitals just minutes away. Ideal for investors considering both short- and long-term rental income streams, this property opens up a world of possibilities.
Of the 12 units, six are currently rented (month to month leases), while the remaining six await a new owner to reimagine and transform them. The layout offers variety and space: four expansive three-bedroom, one-bathroom units; three two-bedroom, one-bathroom units; four one-bedroom, one-bathroom units; and one studio. With seven parking spaces, 13 electricity meters, and 12 water meters, this property is prepared for a range of tenant arrangements. Sitting on a spacious 612-square-meter lot with approximately 10,000 square feet of structure, this property is zoned as ZU-R2, allowing for diverse development potential—whether revitalizing the existing apartments or envisioning a new concept entirely.
Make your mark in Santurce and seize this unique investment opportunity!
Of the 12 units, six are currently rented (month to month leases), while the remaining six await a new owner to reimagine and transform them. The layout offers variety and space: four expansive three-bedroom, one-bathroom units; three two-bedroom, one-bathroom units; four one-bedroom, one-bathroom units; and one studio. With seven parking spaces, 13 electricity meters, and 12 water meters, this property is prepared for a range of tenant arrangements. Sitting on a spacious 612-square-meter lot with approximately 10,000 square feet of structure, this property is zoned as ZU-R2, allowing for diverse development potential—whether revitalizing the existing apartments or envisioning a new concept entirely.
Make your mark in Santurce and seize this unique investment opportunity!
Property Details
Price:
$1,400,000
MLS #:
PR9110000
Status:
Active
Beds:
23
Baths:
12
Address:
1406 AMERICO SALAS ST.
Type:
Condo
Subtype:
Condominium
Subdivision:
1406 AMERICO SALAS
Neighborhood:
00909 – San Juan
City:
SAN JUAN
Listed Date:
Nov 11, 2024
State:
PR
Finished Sq Ft:
10,051
Total Sq Ft:
10,051
ZIP:
00909
Year Built:
1976
See this Listing
I have been selling real estate for over 23 years from New York to Florida. My main service areas include Celebration, Marco Island, Miami, Naples, Orlando, Sarasota, Tampa, Windermere. We can help you buy or sell real estate anywhere in the State of Florida. Looking for Golf Course Homes For Sale, Luxury Estates, Beachfront Condos, Gated Communities, Fine Homes and Estates, we cover it all.
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Schools
Interior
Appliances
None
Bathrooms
12 Full Bathrooms
Cooling
Other
Flooring
Ceramic Tile
Heating
Electric
Laundry Features
Common Area
Exterior
Community Features
None
Construction Materials
Concrete
Exterior Features
Sidewalk
Roof
Concrete
Financial
HOA Includes
None
Map
Community
- Address1406 AMERICO SALAS ST. SAN JUAN PR
- Subdivision1406 AMERICO SALAS
- CitySAN JUAN
- CountySan Juan
- Zip Code00909
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Courtesy of BLACKMONT HOMES. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved. 1406 AMERICO SALAS ST.
SAN JUAN, PR
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